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and take steps to address the environment degradation. the issues are polarizing. [laughter] but president grimson serve as iceland's finance minister. in 2008 he presided over iceland's near economic collapse. the country's unique response which included social and political reform and allowing the banks to pull pulled iceland back from the brink without the austerity measures. perhaps most challenging of all he raised twin girls. please hiv me give a warm national press club welcome back to president grimsson. [applause] [applause] >> thank you. thank you very much. for these words of welcome and thank you for hosting us at the national press club here today for a special occasion where i have privilege to announce the establishment of a new venue aimed at enhangs the dialogue on corporate issues. i know, sometimes here in washington, the arctic looks as if it is far away. perhapses in the minds of many, still the hidden part of the world as it was. in the beginning of the 20th century. where the knowledge of that the neighbor to our countries was still very limited. and in fact remains
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